
Macroeconomic policy and governance
Rigorous and diligent analysis of monetary and fiscal policy as well as structural policies that contribute to economic policy post-pandemic.
Bruegel’s work in macroeconomic policy focuses on issues such as inflation, economic growth, fiscal framework, the EU budget and European governance.
Under the 2024/2025 research programme, Bruegel fellows focus on monetary policy, including the usefulness of the natural rate of interest (r*) for monetary policy, the lessons learnt from the last inflationary/disinflationary episode as well as EU enlargement, including the integration of the Western Balkans into the EU.
Macroeconomic policy and governance

Russian foreign trade tracker
Tracking Russian trade using data from the EU, China, the US, South Korea, Japan, India, the UK, Turkey, Switzerland, Norway, Brazil and Kazakhstan

European natural gas imports
This dataset aggregates daily data on European natural gas import flows and storage levels.

Real effective exchange rates for 178 countries
Using alternative data sources for exchange rates and consumer prices, we calculate REER for 177 countries monthly and 178 countries annually

Who should be charged? Principles for fair allocation of electricity system costs
This Policy Brief sets out four principles for pricing electricity fairly

Das Milliardenpaket von Merz könnte als Papiertiger enden
Events

Green, digital and resilient growth
Bruegel's 20th Anniversary event in Helsinki, jointly organised with the Bank of Finland.

Europe’s investment priorities in a changing world – featuring a conversation with Nadia Calviño
What are Europe’s investment priorities in an era of change?
European governance

The proposed European Defence Mechanism: questions and answers
Answering ten questions on the proposed EDM

Climate change could trigger debt crises, with adaptation providing only partial relief
Climate change is likely to significantly undermine sovereign debt sustainability, especially from the mid-2040s

The Western Balkans: a region in waiting
Stalled integration but a new growth plan for six countries bound to the EU by culture and geography

Rearming Europe: how to fund and govern Europe's future defence
This event discussed how Europe can improve the governance and financing of its rearmament

Greece's debt crisis: a decade of resilience
Ten years after: economic growth, political change and the path forward for Greece
Podcasts

Ireland’s journey from crisis to confidence
A conversation on Ireland’s economic recovery, housing crisis and international role

Where are Europe's animal spirits?
A conversation with Peter Praet and Jeromin Zettelmeyer about the global economy

The choices Europe must make to secure its future
Europe at a crossroads: security, strategy, and the future of Ukraine

How to fix a staggering Germany
Federal elections expose Germany’s economic struggle